{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-042933","form_type":"8-K","ticker":"AMAT","cik":"0000006951","company_name":"APPLIED MATERIALS INC /DE","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.172724+00:00","generated_at":"2026-05-17T05:37:50.282985+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Applied Materials secures $2.0B 364-day revolving credit facility due Sept 2026","bullets":["364-day $2.0B unsecured revolving credit facility with Bank of America as administrative agent.","Interest at Term SOFR plus 0.50%-1.00% or Base Rate option; commitment fees 0.04%-0.10% on undrawn.","Financial covenant: minimum consolidated adjusted EBITDA to net interest expense ratio of 3.00x.","Facility may be increased to $3.0B with lender consent; proceeds for general corporate purposes.","No borrowings outstanding as of September 25, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-042933","json":"https://secwatch.observer/filing/0001628280-25-042933.json","markdown":"https://secwatch.observer/filing/0001628280-25-042933.md","text":"https://secwatch.observer/filing/0001628280-25-042933.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/6951/000162828025042933/0001628280-25-042933-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/6951/000162828025042933/amat-20250925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:37:50.282985+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9c04a7edbef3d63a778ca862eef9748013f5b456","claim":"APPLIED MATERIALS INC /DE incurred revolving credit of $2.0 billion with Bank of America, N.A. (as administrative agent) and the lenders party thereto at Term SOFR plus applicable margin ranging from 0.50% to 1.00% per annum, or alter maturing September 24, 2026.","evidence_excerpt":"On September 25, 2025, Applied Materials, Inc. (“Applied”) entered into a credit agreement (the “Credit Agreement”) for a 364-day $2.0 billion revolving credit facility with Bank of America, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto (collectively, the “Lenders”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/6951/000162828025042933/0001628280-25-042933-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$2.0 billion"},{"label":"Counterparty","value":"Bank of America, N.A. (as administrative agent) and the lenders party thereto"},{"label":"Rate","value":"Term SOFR plus applicable margin ranging from 0.50% to 1.00% per annum, or alter"},{"label":"Maturity","value":"September 24, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}